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MENA Startups
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Al Rajhi Capital

financial-services
N/A
jeddah, saudi-arabia

About

Major Saudi national investment firm providing asset management, brokerage, investment banking and wealth management; named Fund Manager for the South Jeddah Logistics and Industrial Park.

Founders

HA

Hussam Al Basrawi

CEO

Recent News

Al Rajhi Capital and LogiPoint Sign MoU for $1.3B South Jeddah Logistics and Industrial Park
logistics
about 1 hour ago

Al Rajhi Capital and LogiPoint Sign MoU for $1.3B South Jeddah Logistics and Industrial Park

Al Rajhi Capital and LogiPoint signed an MoU to create an investment vehicle to develop the South Jeddah Logistics and Industrial Park, a SAR5 billion (~$1.3B) mixed-use logistics hub spanning 1.9 million sqm with ~1.5 million sqm leasable area. Al Rajhi Capital will act as Fund Manager and LogiPoint as Asset and Development Manager, with phased delivery starting after final contracts expected by end-2026.

Company Info

Total Funding

$1.3 billion

Stage

N/A

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